How Are MagneGas Corporation(NASDAQ:MNGA), Navidea Biopharmaceuticals Inc(NYSEMKT:NAVB), and Kingfisher plc (ADR)(OTCMKTS:KGFHY) Faring?
New York, NY – GDP INSIDER – 11/24/2014.
This article discusses three companies: MagneGas Corporation(NASDAQ:MNGA), Navidea Biopharmaceuticals Inc(NYSEMKT:NAVB), and Kingfisher plc (ADR)(OTCMKTS:KGFHY)
MagneGas Corporation(NASDAQ:MNGA)announced on Nov. 17th that it had filed a patent and trademark for its Venturi gasifier design. The company will be presenting at the LD Micro Conference on Dec. 3rd, 2014. The stock has traded within a range of $0.40 to $2.45 over the past 52 weeks, yet finished Friday’s trading at a closing price of $0.85 after a 4.26% increase in value. These figures suggest that investor confidence in MagneGas Corporation remains on the decline.
Navidea Biopharmaceuticals Inc(NYSEMKT:NAVB)announced on Nov. 20th that the European Commission had granted marketing authorization for its Lymphoseek 250 micrograms kit for radiopharmaceutical preparation. The product can now be used in the European Union for imaging and intraoperative detection of sentinel lymph nodes. The company, which has a market capitalization of $182.4 million, had a trading volume of 1.18 million Friday. This figure is 0.1 million higher than Navidea Biopharmaceuticals’s three month average volume of 1.08 million.
Kingfisher plc (ADR)(OTCMKTS:KGFHY)is a home improvement retailer that provides home improvement, garden, kitchen, bathroom, bedroom, and hardware products at its stores. The stock has traded within a range of $9.02 to $14.85 over the past 52 weeks. As a result, Friday’s closing price of $9.47 suggests that investor confidence in the company is declining. Moreover, Kingfisher plc had a trading volume of only 0.23 million on Friday, less than half of its three month average volume.
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